Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Apr. 30, 2022
Oct. 31, 2021
CURRENT ASSETS    
Cash $ 20,658,119 $ 17,747,656
Accounts Receivable, net 1,981,074 4,207,996
Inventory 10,598,371 10,691,177
Unbilled Receivables 353,302 1,080,384
Prepaid Expenses 348,927 1,202,327
Other Current Assets 578,456 627,619
Total Current Assets 34,518,249 35,557,159
FIXED ASSETS    
Property and Equipment, net 6,388,822 6,037,101
OTHER ASSETS    
Goodwill and Other Intangibles, net 3,823,506 3,794,383
Deferred Tax Asset 132,067 76,776
Total Other Assets 3,955,573 3,871,159
Total Assets 44,862,644 45,465,419
CURRENT LIABILITIES    
Accounts Payable 1,225,126 1,454,611
Accrued Expenses and Other Current Liabilities 916,523 740,449
Note Payable 63,559
Deferred Revenue 1,040,332 1,999,841
Total Current Liabilities 3,181,981 4,258,460
LONG TERM LIABILITIES    
Deferred Revenue, less current portion 137,897 157,886
Total Long Term Liabilities 137,897 157,886
Total Liabilities 3,319,878 4,416,346
STOCKHOLDERS’ EQUITY    
Common Stock, $.001 par value; 150,000,000 shares authorized, 10,858,302 issued and outstanding as of April 30, 2022 and 10,857,195 shares issued and outstanding as of October 31, 2021 10,859 10,858
Additional Paid-in Capital 61,873,873 61,183,131
Accumulated Other Comprehensive Loss (3,692,660) (1,667,059)
Accumulated Deficit (16,649,306) (18,477,857)
Total Stockholders’ Equity 41,542,766 41,049,073
Total Liabilities and Stockholders’ Equity $ 44,862,644 $ 45,465,419